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K-Electric Ltd. Faces Continued Financial Challenges

May 10, 2024 Business & Finance News

Karachi, K-Electric Ltd., one of the oldest power companies listed on the Pakistan Stock Exchange since 1949, reported a difficult financial period with a current share price of just Rs. 4.74 and a daily weighted average of Rs. 6.31. The company did n...

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Bank of Khyber Credits Bonus Shares to Ismail Industries Limited

May 10, 2024 Business & Finance News

Karachi, The Bank of Khyber announced the crediting of 13,469,189 securities into the CDC Investor Account of M/s. Ismail Industries Limited (IIL). This transaction pertains to the bonus shares recently issued by the bank. Following this crediting, Is...

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Bannu Woollen Mills Ltd Faces Decline in Earnings Amid Market Challenges

May 10, 2024 Business & Finance News

Karachi, Bannu Woollen Mills Ltd has reported a significant drop in earnings for the year ending in April 2024, as per the latest financial announcements from the Pakistan Stock Exchange (PSE). The company’s daily weighted average rate stood at Rs. 27...

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Asia Insurance Company Announces Distribution of Final Cash Dividend to Shareholders

May 10, 2024 Business & Finance News

Karachi, Asia Insurance Company Limited has successfully distributed its final cash dividend for the fiscal year ending December 1, 2023. The dividend, amounting to Rs. 0.5 per share, was electronically transferred to the designated bank accounts of t...

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Askari Bank Ltd. Announces Dividend and Share Price Movement

May 10, 2024 Business & Finance News

Karachi, Askari Bank Ltd. disclosed its financial distributions for the early months of 2024, with a final dividend of 25% and a bonus share distribution of 15%. The bank’s earnings per share stood at Rs. 11.16, demonstrating steady profitability. Mar...

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Mitchell’s Fruit Farms Reports Financial Status

May 10, 2024 Business & Finance News

Lahore, Mitchell's Fruit Farms Ltd, a prominent player in the food and personal care products sector, reported its current stock rate at Rs. 165.28. Despite no distributions for the years ending in 2022 and 2023, the company has maintained its market ...

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Punjab Oil Mills Limited Reports High Earnings

May 10, 2024 Business & Finance News

Karachi, Punjab Oil Mills Limited, listed on the Pakistan Stock Exchange under the symbol "POML," today reported a notable average daily rate of Rs. 106.97. The company, established in 1984, declared an impressive earnings per share (EPS) of Rs. 5.54 ...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Hot, Humid Weather Expected Across Major Regions of the Country

    2 days ago
  • PM Urges Religious Scholars to Combat Sectarianism and Extremism Among Youth

    2 days ago
  • Initial Reports Indicate Short Circuit Caused PIMS Hospital NICU Fire: Tariq

    2 days ago
  • Dar Reiterates Pakistan’s Commitment to Commonwealth

    2 days ago
  • Pak Army Organizes Free Medical Camp in Rawalakot Amid Protests

    2 days ago

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